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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Pancho Villa who wrote (8233)12/12/1997 1:29:00 PM
From: TAPDOG  Read Replies (1) of 9285
 
Pancho, hope to catch you before you go wherever you are going.
I'm short AOL and YHOO but I think you are getting too aggravated about your lack of instant gratification. People buy these stocks as lottery tickets for a lottery to be held at some unknown time in the distant future. Therefore, there is little in the way of current news to discourage holders of these stocks. They never thought that these companies would make money now. I'm staying short because you never know when that piece of information will come out that turns everything around.

I appreciate your posts and I think you're ready for a vacation because you are beginning to think that bad stocks go up just to piss you off.
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